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Montgomery News

Wednesday, November 27, 2024

North Potomac median home prices rose by 29.5% in November 2021

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The median sale price of a home sold in November 2021 in North Potomac rose by $207,500 while total sales increased by 6.7%, according to BlockShopper.com.

In November 2021, there were 16 homes sold, with a median sale price of $910,000 - a 29.5% increase over the $702,500 median sale price for the same period of the previous year. There were 15 homes sold in North Potomac in November 2020.

The median sales tax in North Potomac for the most recent year with available data, 2020, was $7,690, approximately 0.8% of the median home sale price for November 2021.

The following table compares North Potomac to other Montgomery County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Chevy Chase2324-4.2%$1,490,000$1,427,8754.4%
Travilah181080%$1,337,500$1,405,000-4.8%
Bethesda1159323.7%$1,110,000$950,00016.8%
Boyds21100%$1,038,750$275,000277.7%
North Potomac16156.7%$910,000$702,50029.5%
South Kensington211275%$899,000$677,50032.7%
Garrett Park440%$884,500$632,50039.8%
Potomac63588.6%$880,000$922,800-4.6%
Brookeville12-50%$870,000$876,002.50-0.7%
Darnestown10825%$819,750$865,000-5.2%
Brinklow10-$690,300$0-

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